Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

Jones becomes Meditech's lead physician

Steven Jones, MD, a family practice physician, will join Meditech as the company's lead physician for electronic health record (EHR) development efforts, as well as across multiple clinical projects.

HFSA: HF readmissions continue to reflect racial disparities

BOSTONDisparities are rampant in heart failure care, Karen E. Joynt, MD, MPH, of the Harvard School of Public Health and Brigham and Womens Hospital in Boston, said during a presentation Sept. 19 at the 15th annual Heart Failure Society of America (HFSA) scientific meeting. When it comes to monitoring and reporting readmission rates, patient and community factors are forgotten and measurements center instead on the hospital and its practices.

U of Mich. creates computational medicine, bioinformatics dept

The University of Michigan Medical School is establishing a computational medicine and bioinformatics department, following action by the Ann Arbor-based universitys board of regents.

ACC: Cardiologists on the EMR incentive uptake

Fifty-five percent of cardiologists who responded to an American College of Cardiology (ACC) survey are either participating or plan to participate in the Centers for Medicare & Medicaid Services (CMS) EHR Incentive Program. Thirty-four percent have already registered, according to a survey published in the colleges Cardiology magazine.

CMS lends ICD-10 transition hand

The Centers for Medicare & Medicaid Services (CMS) has released an ICD-10 transition guide. ICD-10 requirements go into effect Oct. 1, 2013.

AHA: Gov't should focus on avoidable readmissions only

Public policies should focus on readmissions that may be avoidablethose that are unplanned and related to the initial admission, such as a surgical site infection, according to a report from the American Hospital Association (AHA).

JAMIA: FDA reports inform health IT safety problems classification

Research in the September edition of the Journal of the American Medical Informatics Association found that while only 0.1 percent of Manufacturer and User Facility Device Experience (MAUDE) database reports searched were related to health IT, the FDA reports proved to be a useful source of information about the nature of software problems and their safety implications with the potential to inform strategies for safe design and implementation.

Deltek releases report on healthcare contracting opportunities

Deltek, a Herndon, Va.-headquartered enterprise applications software developer, has released a report highlighting healthcare opportunities for contractors wanting to engage in the health IT space.

Around the web

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”

FDA Commissioner Robert Califf, MD, said the clinical community needs to combat health misinformation at a grassroots level. He warned that patients are immersed in a "sea of misinformation without a compass."

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